Heritage Financial Group, Inc.

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of Heritage Financial Group, Inc. (NASDAQ GS: HBOS) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Heritage Financial Group, Inc. (“Heritage” or the “Company”) (NASDAQ GS: HBOS) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Renasant Corporation (“Renasant”) (NASDAQ GS: RNST), in a transaction valued at approximately $258 million.

Under the terms of the agreement, shareholders of Heritage will receive 0.9266 shares of Renasant common stock for each share of Heritage common stock.  Based on Renasant’s closing stock price on December 9, 2014, Heritage shareholders would have received consideration valued at approximately $27.58 per share.

The investigation concerns whether Heritage’s board of directors failed to adequately shop the Company and obtain the best possible value for Heritage’s shareholders before entering into an agreement with Renasant.

If you own the common stock of Heritage and purchased your shares before December 10, 2014, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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